Among key economic areas, the government cut its assessment on corporate profits for the first time since March 2023 as the pace of its recovery was moderating."The economy is recovering moderately, a ...

LONDON (Reuters) - The U.S. dollar's latest surge has forced central banks around the world to lean against it, selling greenback reserves to stabilise local currencies but potentially exaggerating do ...

WASHINGTON (Reuters) -A spending bill backed by Donald Trump failed in the U.S. House of Representatives on Thursday as dozens of Republicans defied the president-elect, leaving Congress with no clear ...

"The committee judges that a restrictive monetary policy is still needed to stabilise inflation around target, but that the time to begin easing monetary policy is soon approaching," Norges Bank Gover ...

TAIPEI (Reuters) -Taiwan's central bank on Thursday raised this year's growth forecast for the tech powerhouse island but flagged risks for next year centred on the trade policies of the incoming Trum ...

STOCKHOLM (Reuters) - Sweden's central bank cut its key interest rate by a quarter percentage point to 2.50% as expected on Thursday, but said that after easing policy five times this year, it now saw ...

TOKYO (Reuters) - The chair of the Japanese banking lobby echoed Bank of Japan Governor Kazuo Ueda's cautious view on the Japanese economy on Thursday and said the central bank needed to see sustained ...

Some commercial banks in cities such as Guangzhou, Qingdao and Nanjing have raised first-home mortgage rates by 5 basis points (bps) to 20 bps since November, to as high as 3.1%, the official Beijng D ...

OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau is reflecting on complaints about his leadership by legislators from the ruling Liberal Party who are unhappy that Finance Minister Chrystia Fr ...